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How To Negotiate A Higher Credit Limit With Your Building Material Supplier

Levelset

Levelset’s Contractor Profiles provide information on a contractor’s payment history, lien claims, and reviews from other contractors and suppliers. Another option is to give the vendor a copy of your lien policy , which shows what actions you will take to collect payments from your customers. Get more trade preferences.

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Georgia Construction, Bond & Lien Law Blog: Practical advice, even if you are outside of Georgia

Construction Marketing Ideas

The Cobb Law Group’s Georgia Construction, Bond and Lien Law Blo g provides practical information for contractors doing business in Georgia. The information is relevant as well to anyone concerned about construction law issues anywhere in the U.S. Negotiate/Review Your Contracts. Shore Up Your Credit Applications.

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7 Contractor Tips for Dealing With Insurance Adjusters & Owners

Levelset

Supplied with this information, you’ll help build customer loyalty and boost your bottom line. If a contractor doesn’t receive payment, they can’t go after the insurance company – but they do have the right to file a mechanics lien on the owner’s property. Avoid insurance negotiations.

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A Contractor’s Guide to Homeowner’s Insurance: Is Your Project Covered?

Levelset

Note that a Policy Declarations page offers summary information about coverages at inception and renewal. This snapshot won’t provide you with the information needed to have a deeper understanding of how everything works if a customer suffers property damage and considers filing a claim. You are not a public adjuster.

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A Contractor’s Guide to Homeowner’s Insurance: Is Your Project Covered?

Levelset

Note that a Policy Declarations page offers summary information about coverages at inception and renewal. This snapshot won’t provide you with the information needed to have a deeper understanding of how everything works if a customer suffers property damage and considers filing a claim. You are not a public adjuster.

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Accounting for Retention Receivable & Payable: A Contractor’s Guide

Levelset

The rate of retention is stipulated in the construction contract and can often be negotiated. This means that companies could be reporting false information on their financial statements, which could lead to penalties and interest owed if they are subject to a tax audit.

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The Real Lemon in the Bunch: Understanding Pay-If-Paid Clauses in Construction Contracts

Best Practices Construction Law

For example, in the Universal Concrete Products case, the 4th Circuit reasoned that Virginia courts favor the freedom to contract and that parties are freely able to negotiate and draft these types of provisions. Courts across the country vary in their treatment of these issues. However, in Thomas J.